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BrightSpring Health price target raised to $21 from $19 at BofA

BrightSpring Health price target raised to $21 from $19 at BofA

BofA raised the firm’s price target on BrightSpring Health (BTSG) to $21 from $19 and keeps a Buy rating on the shares after having hosted a session with BrightSpring CEO Jon Rousseau. The company expects double-digit growth in 2025, largely driven by the outsized growth within the Specialty/Oncology pharmacy segment, notes the firm, which applies a higher multiple given increased confidence in estimates following the firm’s Home Care Conference event.

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